ST. LOUIS (KMOX) – Still miffed over major property tax cuts for Harrah’s and River City Casinos, St. Louis County Assessor Jake Zimmerman is still pointing fingers at the County Board of Equalization.
“They’ve given me a complicated response about the differences in values between personal and real property and to me that just doesn’t explain how a casino that was worth almost 300 million dollars could now be worth only half of that” said Zimmerman.
Chair of the Board of Equalization Leslie Broadnax explains it by saying the casinos appealed the assessment on the actual value of their property, not on casino revenues.
” Their tax burden increased significantly and as a board we just didn’t believe that was reflective of the fair market value of the property” said Broadnax.
Zimmerman would like to see St. Louis County taxpayers intervene. “I’m not allowed under state law to appeal this decision but the people of St. Louis County ought to make their voices heard because the Board of Equalization has the power to change their mind.”
Broadnax responded “If the taxpayers are dissatisfied with the board’s decision, they can appeal.”
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